Browsing: Vodacom

While its rivals Vodacom, MTN and Cell C struggle with flat growth in a tough economic environment, Telkom is killing it in the mobile business, showing astonishing growth in subscribers in the past year.

In this episode of the podcast, Duncan McLeod interviews IoT.nxt co-founder and CEO Nico Steyn about the recently announced acquisition by Vodacom Group of 51% of the company.

Vodacom Group parent Vodafone Group’s dividend has cracked under the strain of falling revenue, soaring spectrum costs and a $21-billion acquisition, in a grim reality check for Europe’s struggling phone industry.